• In order to ensure that pension reforms are both financially and socially sustainable, it is essential to monitor the outcomes of changes in pension system parameters and rules. The activity uses a microeconomic approach which is particularly suitable for international comparison of pension policies. Prospective individual benefit entitlements from mandatory pension arrangements are modelled for full-career workers at different earnings levels. The framework uses the same economic assumptions for all countries and thereby abstracts from non-pension factors, which often distort international comparisons of pension systems. See www.oecd.org/els/social/pensions/PAG.
Objectives and outputs
• To monitor pension systems and pension policies in OECD countries, to collect, up-date and analyse information on pension system rules and parameters and to model prospective pension entitlements for standard retirement, early retirement and interrupted careers. The output of this activity is published in regularly updated reports.
• The third edition of Pensions at a Glance Asia/Pacific will be released in November 2013. The Women and Pensions report will be published in 2013. A regional report covering LAC will be produced during 2013 and work will commence on an update to Pensions Panorama.
• In 2011:
- The main Pensions at a Glance publication was released and is available at www.oecd.org/els/social/pensions/PAG
- Key data were disseminated in OECD.Stat via http://stats.oecd.org/Index.aspx?DataSetCode=ELSPENSIONS
- an on-line Pension calculator was updated, via http://www.oecd.org/document/12/0,3343,en_2649_34757_43024076_1_1_1_1,00.html
- most indicators related to pensions are available on-line in MS-Excel format via www.oecd.org/els/social/pensions/PAG#data
• The fifth edition of Pensions at a Glance will be published in late 2013. The report will include updates of the models with 2010 parameters.
Non-member countries involved in the activity:
• Argentina, Bolivia, Brazil, Bulgaria, China, Colombia, Costa Rica, Cyprus, Ecuador, Hong Kong, India, Indonesia, Latvia, Lithuania, Malaysia, Malta, Peru, Romania, Russian Federation, Saudi Arabia, Singapore, Slovenia Former, South Africa, Thailand, Uruguay, Venezuela
• Pension monitoring database
Main Developments for 2013
• The range of countries covered under the Pensions at a Glance umbrella is constantly expanding with the update for PaG Asia being released in late 2013. Additional regional publications are also planned to cover the LAC and ECA regions with an update of Pensions Panorama also beginning later in the year. Further areas of analysis will concentrate on periods of career absence because of unemployment as well as the release of the Women and Pensions report in 2013.
• The number of indicators covered in the data will be increased leading to the creation of a pensions database.